Blogs

Petroleum to boost living standards in Somalia

Opinion article by Abdulkadir Aden Mohamud, CEO and Chairman Somalia has a tough legacy. Two decades of civil war and ongoing natural disasters including droughts and flooding have triggered the displacement of 2 million citizens. Almost 70% of Somali live under the international poverty line of $1.90 a day. The country heavily depends on international …

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Why a commitment to sustainable development is the key to Somalia’s future

by Abdulkadir Aden Mohamud, CEO and Chairman Somalia stands poised to capitalise on an unprecedented opportunity, surpassing through its oil exploration even the considerable success of its neighbours. The country’s offshore waters may contain at least 30 billion barrels of oil reserves, according to Spectrum Geo, a company that conducted a seismic data study of …

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